Accounts

While accountants are typically thought to be boring number-crunchers who sit all day mulling over facts and figures, the members of the accounting department are a trio of accounting professionals whose efforts keep the organization financially sound.

The department provides a complete range of accounting support. The members are involved in everything from day to day processing to higher level functions such as providing technical expertise and planning. Some of the more routine operations they perform include invoicing, depositing revenues, paying suppliers and processing payroll. Beyond executing transactions, they create and maintain the financial record-keeping system that the organization relies on for essential information. They also function to protect the organization’s assets by employing and reviewing control procedures.

The accounting department is responsible for a wide variety of reporting. They issue financial reports within the organization that provide the corporate management with information critical to running the organization. They must also satisfy many of the reporting requirements imposed by governmental entities such as the Income Tax Authority, Joint Stock Company, Customs & VAT and the Security & Exchange Commission.

Admin and Legal

The Admin and Legal Department obtains compliances for the projects and handles the company’s legal/statutory matters through interaction and communication with various government authorities, autonomous bodies and private/public organizations. In effect, the department becomes the face of the organization, interacting with landowners, clients, employees and other stakeholders. Some of major activities are as follows:

• Correspondence and dealing with regulators and fulfilling the legal needs. • Proceedings on corporate documentation and compliance with code of corporate governance. • Approvals from various authorities RAJUK, MOW etc. and NOCs from DOE, DMP, WASA, DESA, FS, DTCB, DCC, TITAS etc. • Ensuring application of various corporate rules and maintenance of various statutory books, registers and correspondence. • Drafting Legal Documents, such as deed of agreements, lease agreements, service contracts, sale deeds, rental deeds etc. • Reviewing other contracts, which include employment contracts, provision of service contacts and business agreements. • Requisition of licenses, patents and copyrights and legal documentation.

Business Development

The primary goal of Business Development is assessing the market and helping the company to realize its full potential, using such tools as marketing, promotions, information management and customer service. They develop the means to communicate Bay’s products & services and help the customer base reach a better understanding through project brochures, presentations, billboards, corporate events, and various types of desktop publications. They also foster online exposure of the company’s products using the corporate website, online brochures and exchange of information. Furthermore, their activities include assessing marketing opportunities and target markets, gathering intelligence on the customer base and competition, generating leads for sales, following up sales activity etc.

Customer Care

Customer Care strives to be the one-stop solution for Bay’s clientele. It has been operating as a bridge between the clients, designers, site and management, since its inception back in 2009. The primary objective of the department is to help Bay’s customers build their dream homes by offering a turnkey solution to their requirements in accordance with Bay’s design ethos through continuous monitoring and supervision of the customizations till the handover. They are a passionate bunch, who are always ready to walk the extra mile to ensure customer satisfaction by ensuring Bay’s commitment towards leadership and sustainability.

Engineering

The Engineering Team consists of hands-on players who ensure that the product is constructed and delivered to our clients according to their specifications in a timely manner. They undertake independent management of project sites and co-ordinate with the Design Team to ensure effective implementation of projects.

They also analyze and deal with project management and engineering economics issues by using project management and communications tools and by applying cutting-edge concepts, principles, methods, algorithms, and heuristics. The work of these project managers consists of a composite of managing many other project elements, such as people, requirements, commitments, resources, change, risks, opportunities, expectations, technology, suppliers, and conflicts. Matters of Quality Control (QC) and Quality Assurance (QA) fall under their watchful eye.

Human Resources

In the wake of rapid growth and expansion, Bay firmly believes that human resource is the backbone for scaling new heights. Our goal has always been to induct and retain people who are professionally competent, skilled and committed.

Human resource is a key factor behind Bay’s success. We always focus on sustainable organizational development. Our internal value system, fair recruitment process, transparent evaluation system, compliance with Labor Laws, and safety protocols are some of our many efforts at establishing Human Capital Management (HCM) that significantly leverages the workforce. Provident fund, lunch facilities, medical benefits, and a congenial work environment always keep Bay one step ahead by adopting sustainable organizational culture. We believe in creating opportunities for self-empowerment. With our open-ended career growth policy, training and development, and single point counseling, the Human Resources department is always the benchmark in people development.

InterStudio

InterStudio, the design wing of Bay Developments, has a pool of architects and design assistants dedicated to transforming your house into a home and creating a workplace that is both productive yet enjoyable. The goal is to create a built environment that is more sustainable by providing a comprehensive range of solutions from Architecture to Interiors.

InterStudio is continually incorporating new technology and ideas into designing sustainable and intelligent buildings, where the motto is to “Design for Life”. Green technology and exceptional design concepts are the prime aspect of every effort undertaken by InterStudio. Our team of experts works relentlessly not just to ensure a practical building that is ahead of its time and aesthetically pleasing, but also to address our social responsibility by employing tools that help create ‘green’ buildings.

Management Information System

This reduces the expenses related to labor-intensive manual activities. Following are some of the major activities:

• Support the organization’s strategic goals, directions and implement the standard policy practices. • Ensure the smooth operation of all information and communication systems. • Develop and maintain the company website, management software, internal and external networking. • Provide objective systems and adopt innovative new technologies for recording and aggregating information. • Provide training for developing skills on information technology and techniques. • Enhance communication among the teams thru instant messaging, message board and other online facilities, so that the team members can continue their work efficiently.

Procurement

Bay Developments Ltd. morphs spaces into unique commercial and residential assets. The tailoring of such products requires a smooth supply of construction materials which is timely ensured by our Procurement Department. It is manned with a specialized team who is knowledgeable about the products and has a extensive market network.

The Procurement Department runs an updated showroom to facilitate the customers’ choice in selecting Interior Decoration products from a wide range of latest models by making them available from credible and reputed suppliers in the market.

Sales

At Bay Developments, the Sales and Marketing team excels in maintaining corporate-customer relationships with regards to confidentiality, protocol, etiquette and disclosure. This group of sharp, dedicated and experienced individuals focus on each client’s unique requirements. They serve as a guide to prospective investors and hence are highly knowledgeable of our various projects. The Sales team is the Ambassador who upholds Bay’s commitment to create exceptional places through innovative planning and design solutions, leadership and initiative, best business practices, and environmental and social responsibility.

ABOUT BAY

Bay Developments Ltd. is the market leader in high-end real estate. All projects are characterized by their innovative planning & design solutions. Each project is executed with meticulous detail and tremendous precision by their dynamic design team.